Just a day after the S&P 500 and Nasdaq hit record territory, both indexes climbed to fresh highs once again on Friday, though weakness in American Express (AXP) has weighed on the Dow, leaving markets muted.

The Nasdaq Composite posted its latest record finish on Tuesday, supported by a jump in shares of heavyweight Nvidia, but the other Wall Street benchmarks dropped as a key inflation report and a flurry of bank earnings failed to excite investors.

The Dow and Nasdaq added triple digits, the latter closing at a record high with help from the tech sector. Chip behemoth Nvidia (NVDA) reached the first-ever market capitalization of $4 trillion, boosting the Magnificent Seven and tech stocks across the board.

Wall Street closed out trading higher on Thursday, with both the Nasdaq Composite and S&P 500 surging to fresh record highs as investors weighed new data on retail sales and jobless claims. The benchmark S&P 500 (SP500) ended on top by 0.

The S&P 500 stock index and the Nasdaq Composite both closed at record highs on Thursday, as investors embraced strong economic data and earnings reports that showed American consumers remained willing to spend.

It's been a few years since the Nasdaq Composite index (NASDAQINDEX: ^IXIC) last touched a new record. But that changed on the last day of February when the Nasdaq finally broke its 2021 record.

The Nasdaq Composite was on track for a fourth-straight record close on Thursday, which would be the longest such streak for the index since Nov. 11, according to Dow Jones Market Data. The index was also on pace for its eighth record close of July,